US Aerospace Composites Market Research Report: By Type (Glass Fiber, Carbon Fiber, Aramid Fiber, Others) and By Application (Commercial, Military) - Forecast to 2035

US Aerospace Composites Market Overview

The US Aerospace Composites Market Size was estimated at 4.29 (USD Billion) in 2023. The US Aerospace Composites Market Industry is expected to grow from 5.4(USD Billion) in 2024 to 18.5 (USD Billion) by 2035. The US Aerospace Composites Market CAGR (growth rate) is expected to be around 11.845% during the forecast period (2025 - 2035).

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key US Aerospace Composites Market Trends Highlighted

The US Aerospace Composites Market is experiencing significant transformations driven by the increasing demand for lightweight materials in aircraft manufacturing. This shift is largely influenced by the aviation industry's focus on fuel efficiency and sustainability. The growing emphasis on reducing emissions has prompted manufacturers to explore advanced composite materials that offer superior strength-to-weight ratios compared to traditional materials. Additionally, the need for enhanced performance and durability in aerospace applications is pushing companies towards innovations in composite technologies. Opportunities are emerging in the development of bio-based composites, which align with the national strategy to advance sustainable aviation practices, catering to environmentally conscious consumers and regulatory bodies.Moreover, the US government is actively supporting research and development in composite materials through funding initiatives and collaborations with industry leaders and academic institutions. This collaborative approach is fostering innovations in manufacturing processes, such as additive manufacturing and automated fiber placement, which are becoming increasingly prevalent in the aerospace sector. Recent trends indicate a surge in the interest for carbon-fiber-reinforced polymers and thermoplastic composites due to their adaptability and enhanced properties, positioning them as favorable options for airframe structures and interior components.Another trend is the rising adoption of composites in military aircraft, as the US Department of Defense prioritizes advanced materials to enhance performance and reduce weight for improved mission effectiveness. As manufacturers focus on reducing production costs and increasing efficiency, the US Aerospace Composites Market is set to evolve further, carving out new avenues for growth and innovation in the years to come.

US Aerospace Composites Market Drivers

Growing Demand for Lightweight Materials in Aircraft Manufacturing

The US Aerospace Composites Market Industry is witnessing a significant shift towards the use of lightweight materials to enhance fuel efficiency and overall performance of aircraft. According to the Federal Aviation Administration, weight reduction in aircraft can lead to fuel savings of up to 15 percent per flight. Major manufacturers like Boeing and Lockheed Martin are actively investing in advanced aerospace composites, driving up demand for these materials.The introduction of new models, such as the Boeing 787 Dreamliner, which uses approximately 50 percent composite materials, highlights the industry's push towards lightweight solutions. This trend not only supports regulatory compliance for emissions but also appeals to airlines looking to reduce operating costs. With the ongoing expansion in commercial aviation in the US, the demand for composite materials, including carbon fiber and glass fiber, is projected to rise, propelling market growth significantly.

Increased Investment in Research and Development

The US Aerospace Composites Market Industry is benefiting from heightened investment in Research and Development activities aimed at innovating advanced composite materials and processes. According to the National Aeronautics and Space Administration, R&D investments in aerospace technologies are expected to exceed USD 20 billion annually by 2025. Companies like Northrop Grumman and Raytheon Technologies are pivotal in this sector, focusing on developing next-generation aerospace composites that enhance performance and reduce costs.This increased R&D expenditure is not only leading to innovative manufacturing techniques like automated fiber placement but also creating opportunities for new applications in military and commercial aircraft. Such advancements are likely to bolster the competitive advantage of US-based aerospace manufacturers globally, thus driving market expansion.

Regulatory Support for Sustainable Aviation Practices

There is a growing regulatory framework in the US that supports sustainable aviation practices, which is a significant driver for the US Aerospace Composites Market Industry. The Environmental Protection Agency has set ambitious targets for reducing greenhouse gas emissions from the aviation sector, which could lead to a paradigm shift towards the use of more sustainable materials, including composites. The Federal Aviation Administration has also introduced initiatives to promote the use of advanced materials that reduce environmental impact.As a result, aerospace manufacturers are increasingly investing in aerospace-grade composites that contribute to meeting these regulatory requirements. As carbon-neutral flight becomes a focal point for the industry, the demand for aerospace composites is anticipated to rise, creating new opportunities for growth.

Increased Defense Spending in the US

The upward trend in defense spending by the US government is fueling the US Aerospace Composites Market Industry significantly. The Department of Defense has seen a consistent increase in its budget allocation, which reached approximately USD 740 billion in the latest fiscal year. This surge in funding is primarily aimed at updating military capabilities and enhancing the performance of defense systems. Companies like Boeing Defense and Lockheed Martin are reaping the benefits, utilizing advanced composites to produce lighter and more durable military aircraft.The emphasis on next-generation aerospace platforms is leading to increased procurement of composite materials, thereby booster the aerospace composites market. This trend is expected to continue driving market growth as the defense sector increasingly relies on advanced materials for future initiatives.

US Aerospace Composites Market Segment Insights

Aerospace Composites Market Type Insights

The US Aerospace Composites Market is categorized by Type, with major categories including Glass Fiber, Carbon Fiber, Aramid Fiber, and Others. Each of these materials plays a crucial role in enhancing the performance and efficiency of aerospace applications. Glass Fiber composites are widely used due to their excellent strength-to-weight ratio and cost-effectiveness, making them a preferred choice in many commercial aircraft structures. Carbon Fiber composites are significant for their exceptional strength and lightweight properties, facilitating advanced performance in high-end aerospace applications like military and space vehicles.This material contributes to improved fuel efficiency and reduced emissions, aligning with global environmental goals. Aramid Fiber, notable for its high resistance to heat and impact, is commonly used in safety gear and components that require enhanced durability, showcasing its importance in specific aerospace components. Additionally, the Others category includes specialized materials that may cater to niche applications within the aerospace sector, further diversifying the market. The growth in composite materials, driven by rising demand for fuel-efficient aircraft and technological advancements in composite manufacturing processes, supports the US Aerospace Composites Market.As these materials continue to evolve, they present significant opportunities for innovation in design and manufacturing, influencing trends within the US Aerospace Composites Market. The increasing focus on sustainable aeronautics is also pushing manufacturers to explore and adopt advanced composite technologies. Overall, the Type segmentation of the US Aerospace Composites Market reflects a dynamic landscape driven by material performance and industry demands, contributing to overall market growth and innovation.

 

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Aerospace Composites Market Application Insights

The Application segment of the US Aerospace Composites Market plays a crucial role in driving innovation and efficiency within the industry. With a focus on both Commercial and Military sectors, this segment is influenced by rising demand for lightweight materials that enhance fuel efficiency and performance. The Commercial sector is largely driven by the increasing need for advanced aircraft that comply with stringent environmental regulations and fuel efficiency standards. As the aviation industry evolves, manufacturers are increasingly utilizing aerospace composites to reduce weight, which is essential in optimizing operational costs and improving aircraft range.Meanwhile, the Military segment remains significant as defense units seek robust, lightweight materials to enhance weapon systems and aircraft performance. This necessitates rigorous Research and Development activities aimed at exploring high-performance composite materials resistant to extreme conditions. Trends highlight that the reliance on composite materials not only improves overall safety but also offers greater design flexibility, leading to innovative solutions in aircraft structure. Factors such as technological advancements and increased government spending in aerospace and defense continue to bolster the application of composites, making this market segment vital for future growth and strategic developments.The US Aerospace Composites Market revenue is particularly influenced by these dynamics, indicating a strong trajectory for both Commercial and Military applications in the coming years.

US Aerospace Composites Market Key Players and Competitive Insights

The US Aerospace Composites Market is characterized by its dynamic and rapidly evolving landscape, influenced by technological advancements and shifting demands within the aerospace sector. Competitive insights reveal a robust environment where companies are not only focusing on enhancing their product offerings but also striving to improve operational efficiencies to capture greater market share. The growing emphasis on lightweight materials and sustainability is propelling the adoption of composite materials in various aerospace applications, driving innovation and competition among manufacturers. Additionally, increasing collaborations and strategic alliances among industry players are leading to enhanced research and development efforts, boosting competition while adapting to regulatory challenges and market demands.Northrop Grumman has established a significant presence in the US Aerospace Composites Market, positioning itself as a key player through its innovative solutions and advanced materials technology. This company leverages its strong engineering capabilities and deep industry expertise to develop high-performance composite materials tailored for various aerospace applications. Northrop Grumman focuses on providing reliable and cost-effective solutions, thereby enhancing the overall performance and safety of aerospace structures. The strength of Northrop Grumman lies in its ability to integrate cutting-edge research with practical applications in aerospace technology, allowing it to maintain significant market relevance and influence. Their commitment to innovation and efficiency drives continuous improvement in their composite offerings, ensuring they meet the stringent requirements of the aerospace industry.

Toray Industries possesses a well-defined footprint in the US Aerospace Composites Market, recognized for its production of advanced composite materials that cater to various aerospace needs. The company specializes in high-strength carbon fiber and resin systems, which are crucial for lightweight and durable aircraft components. Toray Industries has strengthened its market position through strategic mergers and acquisitions that enhance its capabilities and expand its reach within the US aerospace sector. This approach allows Toray to deliver innovative solutions and maintain competitive advantages through its robust research and development efforts. The company focuses on creating eco-friendly products that align with industry sustainability goals, enhancing its reputation in the market. Additionally, Toray’s commitment to collaborating with key aerospace manufacturers further solidifies its role as a leading supplier of composite materials in the US, meeting evolving demands while setting standards for quality and performance.

Key Companies in the US Aerospace Composites Market Include

• Northrop Grumman


• Toray Industries


• Raytheon Technologies


• Spirit AeroSystems


• Teijin Carbon America


• SABIC


• Boeing


• Lockheed Martin


• DOW Chemical Company


• 3M


• Hexcel Corporation


• Mitsubishi Chemical Corporation


• Solvay Group


• Airbus Americas


• General Dynamics

US Aerospace Composites Market Industry Developments

The US Aerospace Composites Market is witnessing significant developments, particularly with companies like Northrop Grumman, Toray Industries, and Raytheon Technologies actively expanding their composite materials capabilities. In September 2023, Boeing announced an increase in its usage of composite materials in the 777X program, enhancing fuel efficiency and reducing weight. Additionally, in October 2023, Spirit AeroSystems secured a contract with Lockheed Martin to supply composite structures for the F-35 program, demonstrating increased collaboration within the sector. Moreover, in July 2023, DOW Chemical Company revealed plans to enhance its composites production facilities to meet growing demand, emphasizing the industry's shift towards lightweight materials. Notably, in August 2023, SABIC acquired a small composite manufacturing company, reinforcing its commitment to aerospace applications, while Hexcel Corporation reported a notable uptick in sales growth attributed to increased commercial airline production. The US aerospace composites market is therefore seeing considerable activity and investment, reflecting a strong trajectory influenced by advancements in technology and sustainability in aviation. Overall, the growth in market valuations is driving innovation and enhancing capabilities across these key players, contributing to the sector's resilience and evolution.

US Aerospace Composites Market Segmentation Insights

Aerospace Composites Market Type Outlook

• Glass Fiber


• Carbon Fiber


• Aramid Fiber


• Others

Aerospace Composites Market Application Outlook

• Commercial


• Military

 

Report Scope:

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	4.29(USD Billion)
MARKET SIZE 2024	5.4(USD Billion)
MARKET SIZE 2035	18.5(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	11.845% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Northrop Grumman, Toray Industries, Raytheon Technologies, Spirit AeroSystems, Teijin Carbon America, SABIC, Boeing, Lockheed Martin, DOW Chemical Company, 3M, Hexcel Corporation, Mitsubishi Chemical Corporation, Solvay Group, Airbus Americas, General Dynamics
SEGMENTS COVERED	Type, Application
KEY MARKET OPPORTUNITIES	Increasing demand for lightweight materials, Growing investment in military aircraft, Expansion of commercial aviation sector, Advancements in recycling technologies, Enhanced performance of electric aircraft
KEY MARKET DYNAMICS	rising demand for lightweight materials, increasing aircraft production rates, advancements in composite technologies, regulatory compliance and certification challenges, growing focus on fuel efficiency
COUNTRIES COVERED	US